Does navision supports Accrual Costing?

shillu

Hello Everybody,

As far as I see, Nav support Cost based accounting. For ex: sales entries gets posted to G/L Entry table, only after we receive the payment (i.e, Posting an invoice).

Can anybody tell me whether NAV supports Accrual costing also ( It means, G/L should get posted before actual payment has been made) ? If yes, what needs to setup to get this worked?

Thanks,
Shilpa

ara3n

Yes. It's a setup in Inventory setup. "Expected Cost Posting to G/L".

shillu

Thanks Rashed!

I tried the same and "Posted Inventory Cost to G/L" Report also. But I want understand how the entries gets posted in G/L when you the above batch job? and what happen when you do actual invoice?

I tried one example in standard database. but there were many entries got posted. Im :?

Regards,
Shilpa

ara3n

once everything is posted, create a new order and post it look at the gl entries it makes. also look at help info

s_venkatesh78

Hi Shilpa,

The no. of GL entries that get posted really based on your Dimension setups. Ie., if one Purchase order got multiple lines (ex., 4 lines) and each of the 2 lines are grouped by a common dimension then 2 GL entries will get posted. However if all the 4 lines got different dimensions 4 different GL entries will get posted.

In addition to that it also depeds on whether the 4 lines got 4 different Inventory posting groups or same inventory posting groups. If it got 4 different inventory posting groups then 4 GL entries will be posted.

Alex_Chow

I wouldn't turn on expected cost posting. There are alternatives!

http://www.dynamicsnavconsultant.com/20 ... -navision/